AcuityMD, the AI platform for MedTech, announced $80 million in new funding to elevate its platform with advanced artificial intelligence (AI) capabilities and drive the company’s mission of accelerating adoption of medical technology. The Series C round was led by existing investor StepStone Group, with additional participation from Benchmark, Redpoint Ventures, ICONIQ, and Atreides Management. Now supporting 16 of the top 20 MedTech companies and having helped customers identify over $34 billion in pipeline, AcuityMD has raised more than $160 million to date and is valued at $955 million.
“AcuityMD is scaling rapidly while continuing to invest thoughtfully in its people and platform,” said Hunter Somerville, Partner at StepStone Group. “The depth of the company’s data provides a meaningful advantage, and as AI capabilities continue to advance, that foundation becomes more valuable. We also see significant opportunities for AcuityMD to benefit the broader MedTech organization beyond commercial, reinforcing our decision to deepen our commitment.”
MedTech companies face mounting pressure not only to successfully launch innovations, but also to capture and grow market share in an environment that can shift abruptly. Portfolio changes, hospital consolidation, regulatory fluctuation, and reimbursement updates can upend the competitive landscape faster than any sales representative or leader can track on their own.
AcuityMD was built to solve the root cause of the problem: the commercial insights MedTech companies need are scattered across claims databases, FDA filings, government records, and market signals that no single MedTech company can assemble alone. AcuityMD aggregates all of it into a proprietary MedTech ontology: a continuously enriched knowledge graph mapping entities including physicians, facilities, networks, procedures, reimbursement dynamics, and the relationships between them. It aligns that ontology with each customer's internal data, including contracting information, product indications, territory structure, and CRM activity. The result is a unified, always updated view of the healthcare market for faster, smarter commercial execution.
